60 Second Data Dump for June 2018
(Little Rock Real Estate Update)


What The Data Tells Us


  • We are currently in a Buyer's Market. This means that the inventory on the market is predicted to last 6 months or longer.
  • The current average is 183 Days on Market (DOM).
  • There is high inventory right now- which is a great time for Buyers to find their ideal home and negotiate well.
  • This may not last. If you look back at last June 2017 Market Update, you will see that same trend occurred and shifted quickly in July and August.
  • What does this mean? Buyers may want to act now to get a great deal on a home - and Sellers may want to start thinking about decluttering and small home improvement for when the market shifts.

May 2018 Data Dump

âś…Average Home Price= $143,880
âś…Inventory down -9.7% vs. May 2016
âś…Luxury Homes ($400k +) sitting on market long

May 2018 Data Dump

âś…Average Home Price= $143,880
âś…Inventory down -9.7% vs. May 2016
âś…Luxury Homes ($400k +) sitting on market long

April 2018 Data Dump

âś…Average Home Price= $143,880
âś…Inventory down -9.7% vs. May 2016
âś…Luxury Homes ($400k +) sitting on market long

March 2018 Data Dump

âś…Average Home Price= $143,880
âś…Inventory down -9.7% vs. May 2016
âś…Luxury Homes ($400k +) sitting on market long

Wonder what these numbers mean for you?

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